Topic: How do you fully secure your BTCs? - page 2. (Read 546 times)
I use 2 factor authorization, never keep all your bitcoin in one wallet and use it to log into my online wallet private laptop. I have old and not worth anything, but with the duties he copes without problems. After each of my purses I format the drive and 5 minutes install new Windows from the image. No more action I'm on this laptop do not and Internet do not go.
I secure my BTC by using a hardware wallet to keep it and writing the seed words and keep in a safe place. My suggestion is not to keep your BTC in an online wallet or exchanges. Even if the companies are doing well now, doesn’t mean there won’t be problems in the future.
It's not enough man, i think you should shut down the internet connection to your computer is the best way to avoiding thiefs or malware. How do you make your Blockchain.info accounts fully secure if you want to do a long-term investment in BTC?
Possible risks I think that could happen:
1. Big hack and you lose your coins. E.g, Mt.gox a few years ago.
2. Government seizure and you lose your coins. E.g, BTC-e a few months ago.
3. Small hack and you lose your coins. E.g, someone somehow hacks your wallet.
There may be other risks too that I can't think of right now.
So, how do you guys make absolutely sure that your coins are 100% safe?
Would love to know the steps you take to guarantee your coins' safety - esp if you have Blockchain.info wallet.
Thanks!
There is no possible way to secure them, people will always exploit its flaws in defense or security call it however you want, as security upgrades so does the "hackers". Possible risks I think that could happen:
1. Big hack and you lose your coins. E.g, Mt.gox a few years ago.
2. Government seizure and you lose your coins. E.g, BTC-e a few months ago.
3. Small hack and you lose your coins. E.g, someone somehow hacks your wallet.
There may be other risks too that I can't think of right now.
So, how do you guys make absolutely sure that your coins are 100% safe?
Would love to know the steps you take to guarantee your coins' safety - esp if you have Blockchain.info wallet.
Thanks!
I secure my BTC by using a hardware wallet to keep it and writing the seed words and keep in a safe place. My suggestion is not to keep your BTC in an online wallet or exchanges. Even if the companies are doing well now, doesn’t mean there won’t be problems in the future.
I Fully secure my BTC's by doing to keep personal and not letting anybody to get or to see my private keys/password/Json File so in that terms i can do relax and not worrying to much about securing my BTC's. And also im not just visiting any sites that bitcoins has related on it. until i verify that site is safe because its too dangerous to visit a website that you dont have much knowledge on it or you dont even know if that sites is trusted or untrusted. And im also putting a very very Strong password so it will be too hard for others to know sometimes even me i forgot it but thanks that i have other methods how can i remember those things.
How do you make your Blockchain.info accounts fully secure if you want to do a long-term investment in BTC?
Possible risks I think that could happen:
1. Big hack and you lose your coins. E.g, Mt.gox a few years ago.
2. Government seizure and you lose your coins. E.g, BTC-e a few months ago.
3. Small hack and you lose your coins. E.g, someone somehow hacks your wallet.
There may be other risks too that I can't think of right now.
So, how do you guys make absolutely sure that your coins are 100% safe?
Would love to know the steps you take to guarantee your coins' safety - esp if you have Blockchain.info wallet.
Thanks!
Possible risks I think that could happen:
1. Big hack and you lose your coins. E.g, Mt.gox a few years ago.
2. Government seizure and you lose your coins. E.g, BTC-e a few months ago.
3. Small hack and you lose your coins. E.g, someone somehow hacks your wallet.
There may be other risks too that I can't think of right now.
So, how do you guys make absolutely sure that your coins are 100% safe?
Would love to know the steps you take to guarantee your coins' safety - esp if you have Blockchain.info wallet.
Thanks!
I secure my BTC by means of changing the password of my wallet every month or when I think my wallet is at risk. You may also try to buy a hardware wallet and store it somewhere safe in your home, note: don't download anything suspicious to avoid a malware.
I think the chance of you being hacked is small. Keep your bitcoin in your wallet and do not let fear makes panic. Work and collect bitcoin, and if you are afraid of being scammed or hacked, sell the amount you collect every few weeks and sell it. That way will make you miss the chance of making profit when bitcoin it rises, but you will be safe from your fears.
If you want to fully secure your coins stop using online wallets. You can never be sure if someone else holds your key, it's that simple.
Of course you can use 2fa, a dedicated email that you aren't using for anything else, a dedicated device that you're keeping relatively clean, like a htpc that is being used only to access cryptocurrency wallets. This would make you more secure than 90% of online wallet users, but still not as secure as those who chose a hardware wallet among other things.
Of course you can use 2fa, a dedicated email that you aren't using for anything else, a dedicated device that you're keeping relatively clean, like a htpc that is being used only to access cryptocurrency wallets. This would make you more secure than 90% of online wallet users, but still not as secure as those who chose a hardware wallet among other things.
How do you make your Blockchain.info accounts fully secure if you want to do a long-term investment in BTC?
Possible risks I think that could happen:
1. Big hack and you lose your coins. E.g, Mt.gox a few years ago.
2. Government seizure and you lose your coins. E.g, BTC-e a few months ago.
3. Small hack and you lose your coins. E.g, someone somehow hacks your wallet.
There may be other risks too that I can't think of right now.
So, how do you guys make absolutely sure that your coins are 100% safe?
Would love to know the steps you take to guarantee your coins' safety - esp if you have Blockchain.info wallet.
Thanks!
If you think about long ter investment (meaning that you only want to add some bitcoins to your wallet and don't want to cash out or use it) you can print a paper wallet and put it into some safe places (your house, bank safe, parent's house) in a closed envelope and you'll be fine for some time. If you want to use it, and you plan to invest higher amount (above 0,5 BTC or more) you will defenately need a hardware wallet, because the price of the hardware wallet and the security they provide is the best value for the money. But this hardware wallet is only needed if you really want to use all your BTCs, not just a little part of the investment. Also you should not have all your eggs in the same basket, so store a part of your investment in the Blockchain.info wallet but move some of your funds to elswhere also.Possible risks I think that could happen:
1. Big hack and you lose your coins. E.g, Mt.gox a few years ago.
2. Government seizure and you lose your coins. E.g, BTC-e a few months ago.
3. Small hack and you lose your coins. E.g, someone somehow hacks your wallet.
There may be other risks too that I can't think of right now.
So, how do you guys make absolutely sure that your coins are 100% safe?
Would love to know the steps you take to guarantee your coins' safety - esp if you have Blockchain.info wallet.
Thanks!
If you read thru the forum, you'll find really interesting ideas and solutions in connection with security.
Use blockchain if you have not a lot of bitcoins in it. So i agree on the most part of your comment. A offline wallet is better if you have way more bitcoins. You will regret that you have lost it when you didn't transfer them to a offline wallet.
I would split my bitcoins actually in two offline wallets just to be sure that something goes wrong you will still have the other half of your money.
How do you make your Blockchain.info accounts fully secure if you want to do a long-term investment in BTC?
If you're investing long term, don't keep your coins in a Blockchain.info account. They can be secured with a strong password and 2FA, but that's not good enough. You need encrypted backups of your private keys, and doing so with Blockchain.info is not intuitive or easy for users.
Also (and this doesn't apply to storing coins but rather to spending them): With Blockchain.info, you are not in control of the software that signs and broadcasts your transactions. That opens you up to new attack vectors like MITM attacks.
It's much better to set up a Core wallet (or at least Electrum), encrypted with a very strong password. That way, you will already have an encrypted wallet file with all your private keys.
The next step is considering cold storage. It's not advisable to keep many bitcoins on online machines, in case malicious wallet-stealing software and/or keyloggers find their way onto your hard drive. By installing a wallet and generating addresses on an offline machine, you can avoid such attacks.
How do you make your Blockchain.info accounts fully secure if you want to do a long-term investment in BTC?
Possible risks I think that could happen:
1. Big hack and you lose your coins. E.g, Mt.gox a few years ago.
2. Government seizure and you lose your coins. E.g, BTC-e a few months ago.
3. Small hack and you lose your coins. E.g, someone somehow hacks your wallet.
There may be other risks too that I can't think of right now.
So, how do you guys make absolutely sure that your coins are 100% safe?
Would love to know the steps you take to guarantee your coins' safety - esp if you have Blockchain.info wallet.
Thanks!
If you think about long term investment (meaning that you only want to add some bitcoins to your wallet and don't want to cash out or use it) you can print a paper wallet and put it into some safe places (your house, bank safe, parent's house) in a closed envelope and you'll be fine for some time. If you want to use it, and you plan to invest higher amount (above 0,5 BTC or more) you will defenately need a hardware wallet, because the price of the hardware wallet and the security they provide is the best value for the money. But this hardware wallet is only needed if you really want to use all your BTCs, not just a little part of the investment. Also you should not have all your eggs in the same basket, so store a part of your investment in the Blockchain.info wallet but move some of your funds to elswhere also.Possible risks I think that could happen:
1. Big hack and you lose your coins. E.g, Mt.gox a few years ago.
2. Government seizure and you lose your coins. E.g, BTC-e a few months ago.
3. Small hack and you lose your coins. E.g, someone somehow hacks your wallet.
There may be other risks too that I can't think of right now.
So, how do you guys make absolutely sure that your coins are 100% safe?
Would love to know the steps you take to guarantee your coins' safety - esp if you have Blockchain.info wallet.
Thanks!
If you read thru the forum, you'll find really interesting ideas and solutions in connection with security.
How do you make your Blockchain.info accounts fully secure if you want to do a long-term investment in BTC?
Possible risks I think that could happen:
1. Big hack and you lose your coins. E.g, Mt.gox a few years ago.
2. Government seizure and you lose your coins. E.g, BTC-e a few months ago.
3. Small hack and you lose your coins. E.g, someone somehow hacks your wallet.
There may be other risks too that I can't think of right now.
So, how do you guys make absolutely sure that your coins are 100% safe?
Would love to know the steps you take to guarantee your coins' safety - esp if you have Blockchain.info wallet.
Thanks!
Possible risks I think that could happen:
1. Big hack and you lose your coins. E.g, Mt.gox a few years ago.
2. Government seizure and you lose your coins. E.g, BTC-e a few months ago.
3. Small hack and you lose your coins. E.g, someone somehow hacks your wallet.
There may be other risks too that I can't think of right now.
So, how do you guys make absolutely sure that your coins are 100% safe?
Would love to know the steps you take to guarantee your coins' safety - esp if you have Blockchain.info wallet.
Thanks!
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